Economics - Oligopoly: Questions And Answers

Explore Questions and Answers to deepen your understanding of Oligopoly in Economics.

80 Short 40 Medium 46 Long Answer Questions Question Index

Short Answer Questions

Question 1. What is an oligopoly?

Question 2. What are the characteristics of an oligopoly market?

Question 3. What are the barriers to entry in an oligopoly market?

Question 4. What is the difference between an oligopoly and a monopoly?

Question 5. What is the difference between an oligopoly and a monopolistic competition?

Question 6. What is the concentration ratio in an oligopoly market?

Question 7. What is the Herfindahl-Hirschman Index (HHI) and how is it used to measure market concentration?

Question 8. What are the different types of collusion in an oligopoly market?

Question 9. What is price leadership in an oligopoly market?

Question 10. What is the kinked demand curve model in oligopoly?

Question 11. What is game theory and how is it applied in oligopoly?

Question 12. What is the prisoner's dilemma in game theory?

Question 13. What is the Nash equilibrium in game theory?

Question 14. What is the dominant strategy in game theory?

Question 15. What is the tit-for-tat strategy in game theory?

Question 16. What is the trigger strategy in game theory?

Question 17. What is the cartel model in oligopoly?

Question 18. What are the advantages and disadvantages of a cartel in oligopoly?

Question 19. What is price discrimination in oligopoly?

Question 20. What is predatory pricing in oligopoly?

Question 21. What is limit pricing in oligopoly?

Question 22. What is product differentiation in oligopoly?

Question 23. What is the Bertrand model in oligopoly?

Question 24. What is the Cournot model in oligopoly?

Question 25. What is the Stackelberg model in oligopoly?

Question 26. What is the Sweezy model in oligopoly?

Question 27. What is the price leadership model in oligopoly?

Question 28. What is the price war in oligopoly?

Question 29. What is the strategic behavior in oligopoly?

Question 30. What is the price rigidity in oligopoly?

Question 31. What is the price collusion in oligopoly?

Question 32. What is the price fixing in oligopoly?

Question 33. What is the price leadership in oligopoly?

Question 34. What is the price discrimination in oligopoly?

Question 35. What is the price signaling in oligopoly?

Question 36. What is the price squeezing in oligopoly?

Question 37. What is the price undercutting in oligopoly?

Question 38. What is the price skimming in oligopoly?

Question 39. What is the price maintenance in oligopoly?

Question 40. What is the price bundling in oligopoly?

Question 41. What is the price discrimination model in oligopoly?

Question 42. What is the price collusion model in oligopoly?

Question 43. What is the price fixing model in oligopoly?

Question 44. What is the price signaling model in oligopoly?

Question 45. What is the price squeezing model in oligopoly?

Question 46. What is the price undercutting model in oligopoly?

Question 47. What is the price skimming model in oligopoly?

Question 48. What is the price maintenance model in oligopoly?

Question 49. What is the price bundling model in oligopoly?

Question 50. What is the price war model in oligopoly?

Question 51. What is the price leadership strategy in oligopoly?

Question 52. What is the price discrimination strategy in oligopoly?

Question 53. What is the price collusion strategy in oligopoly?

Question 54. What is the price fixing strategy in oligopoly?

Question 55. What is the price signaling strategy in oligopoly?

Question 56. What is the price squeezing strategy in oligopoly?

Question 57. What is the price undercutting strategy in oligopoly?

Question 58. What is the price skimming strategy in oligopoly?

Question 59. What is the price maintenance strategy in oligopoly?

Question 60. What is the price bundling strategy in oligopoly?

Question 61. What is the price war strategy in oligopoly?

Question 62. What is the price leadership theory in oligopoly?

Question 63. What is the price discrimination theory in oligopoly?

Question 64. What is the price collusion theory in oligopoly?

Question 65. What is the price fixing theory in oligopoly?

Question 66. What is the price signaling theory in oligopoly?

Question 67. What is the price squeezing theory in oligopoly?

Question 68. What is the price undercutting theory in oligopoly?

Question 69. What is the price skimming theory in oligopoly?

Question 70. What is the price maintenance theory in oligopoly?

Question 71. What is the price bundling theory in oligopoly?

Question 72. What is the price war theory in oligopoly?

Question 73. What is the price leadership concept in oligopoly?

Question 74. What is the price discrimination concept in oligopoly?

Question 75. What is the price collusion concept in oligopoly?

Question 76. What is the price fixing concept in oligopoly?

Question 77. What is the price signaling concept in oligopoly?

Question 78. What is the price squeezing concept in oligopoly?

Question 79. What is the price undercutting concept in oligopoly?

Question 80. What is the price skimming concept in oligopoly?

Medium Answer Questions

Question 1. What is an oligopoly market structure?

Question 2. What are the characteristics of an oligopoly market?

Question 3. Explain the concept of interdependence in an oligopoly market.

Question 4. What are the barriers to entry in an oligopoly market?

Question 5. How do firms in an oligopoly market compete with each other?

Question 6. What is price leadership in an oligopoly market?

Question 7. What is collusion in an oligopoly market?

Question 8. What are the types of collusion in an oligopoly market?

Question 9. Explain the concept of cartel in an oligopoly market.

Question 10. What are the advantages and disadvantages of collusion in an oligopoly market?

Question 11. What is game theory in the context of oligopoly?

Question 12. Explain the prisoner's dilemma in the context of oligopoly.

Question 13. What is the kinked demand curve model in oligopoly?

Question 14. What is the dominant firm model in oligopoly?

Question 15. Explain the concept of strategic behavior in oligopoly.

Question 16. What is the Bertrand model in oligopoly?

Question 17. What is the Cournot model in oligopoly?

Question 18. Explain the concept of price discrimination in oligopoly.

Question 19. What is predatory pricing in oligopoly?

Question 20. What is limit pricing in oligopoly?

Question 21. Explain the concept of product differentiation in oligopoly.

Question 22. What is the Herfindahl-Hirschman Index (HHI) in oligopoly?

Question 23. What is the concentration ratio in oligopoly?

Question 24. Explain the concept of price leadership in oligopoly.

Question 25. What is the price rigidity in oligopoly?

Question 26. What is the price war in oligopoly?

Question 27. Explain the concept of non-price competition in oligopoly.

Question 28. What are the advantages and disadvantages of non-price competition in oligopoly?

Question 29. What is the strategic entry deterrence in oligopoly?

Question 30. What is the limit pricing strategy in oligopoly?

Question 31. What is the price discrimination in oligopoly?

Question 32. What is the price fixing in oligopoly?

Question 33. Explain the concept of predatory pricing in oligopoly.

Question 34. What is the collusion in oligopoly?

Question 35. What are the advantages and disadvantages of collusion in oligopoly?

Question 36. Explain the concept of cartel in oligopoly.

Question 37. What is the game theory in oligopoly?

Question 38. What is the prisoner's dilemma in oligopoly?

Question 39. What is the predatory pricing in oligopoly?

Question 40. What is the limit pricing in oligopoly?

Long Answer Questions

Question 1. What is an oligopoly market structure?

Question 2. Explain the characteristics of an oligopoly market.

Question 3. What are the barriers to entry in an oligopoly market?

Question 4. Discuss the role of interdependence among firms in an oligopoly market.

Question 5. Explain the concept of collusion in an oligopoly market.

Question 6. What is price leadership in an oligopoly market?

Question 7. Discuss the kinked demand curve model in oligopoly.

Question 8. Explain the prisoner's dilemma in the context of oligopoly.

Question 9. What is the difference between a homogeneous and differentiated oligopoly?

Question 10. Discuss the concentration ratio as a measure of market concentration in oligopoly.

Question 11. Explain the concept of strategic behavior in oligopoly.

Question 12. What is the Cournot model of oligopoly?

Question 13. Discuss the Stackelberg model of oligopoly.

Question 14. Explain the Bertrand model of oligopoly.

Question 15. Discuss the Sweezy kinked demand curve model in oligopoly.

Question 16. What is the Herfindahl-Hirschman Index (HHI) and how is it used in measuring market concentration in oligopoly?

Question 17. Explain the concept of price discrimination in oligopoly.

Question 18. Discuss the role of advertising in oligopoly.

Question 19. What is predatory pricing and how does it relate to oligopoly?

Question 20. Explain the concept of limit pricing in oligopoly.

Question 21. Discuss the concept of product differentiation in oligopoly.

Question 22. What is the theory of contestable markets and how does it apply to oligopoly?

Question 23. Explain the concept of strategic entry deterrence in oligopoly.

Question 24. Discuss the role of mergers and acquisitions in oligopoly.

Question 25. What is the difference between collusion and cartel in oligopoly?

Question 26. Explain the concept of price leadership in oligopoly.

Question 27. Discuss the concept of non-price competition in oligopoly.

Question 28. What is the role of game theory in analyzing oligopoly?

Question 29. Explain the concept of price rigidity in oligopoly.

Question 30. Discuss the concept of strategic pricing in oligopoly.

Question 31. What is the difference between a dominant firm model and a duopoly model in oligopoly?

Question 32. Explain the concept of price wars in oligopoly.

Question 33. Discuss the concept of market power in oligopoly.

Question 34. What is the role of barriers to entry in maintaining market power in oligopoly?

Question 35. Discuss the concept of price discrimination in oligopoly.

Question 36. What is the difference between a cooperative and non-cooperative equilibrium in oligopoly?

Question 37. Discuss the concept of price fixing in oligopoly.

Question 38. What is the role of antitrust laws in regulating oligopoly?

Question 39. Explain the concept of market sharing in oligopoly.

Question 40. Discuss the concept of price signaling in oligopoly.

Question 41. What is the difference between a collusive and non-collusive oligopoly?

Question 42. Discuss the concept of market entry deterrence in oligopoly.

Question 43. What is the role of game theory in analyzing strategic behavior in oligopoly?

Question 44. Discuss the concept of predatory pricing in oligopoly.

Question 45. What is the difference between a symmetric and asymmetric oligopoly?

Question 46. Discuss the concept of market concentration in oligopoly.